The Report: Ghana 2020

The government of President Nana Akufo-Addo assumed power on a promise to take “Ghana Beyond Aid”, and is pushing ahead with initiatives to formalise the economy, diversify its manufacturing base and overhaul its taxation structure. Ghana’s ability to retain fiscal discipline will be tested, with election-related expenditure expected to increase in the run-up to the 2020 poll.

The Report examines the evolution of the Ghanaian economy over the past 12 months, ranging from the country’s financial regulatory reforms and capital requirements increase, to efforts to improve the ease of doing business and company registration, and the role of industrial parks in boosting the economy. There is also a close examination of the effects of commodity price volatility and new oil and gas discoveries on the overall economy and trade balance, as well as the impact of emerging technologies and the state of the tech start-up environment.

Ghana Economic News Update

Ghana has become the first African country to lift lockdown measures, a decision motivated by the country’s progress in combatting the coronavirus and concerns over the well-being of its poorer citizens.

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